Cryptolux Review

Cryptolux (cryptolux.io) is an online investment opportunity which claims to earn its users returns of up to 45% per month. There is no evidence to support their bold claims. While we were investigating this service we found many misleading claims and facts which raises a lot of concerns. Read our full review to find out why you have to avoid any kind of dealing with this fraudulent platform.

Cryptolux Scam Warning-

There is no information available about the creators or developers of this platform. Always remember the lack of transparency is a sign of a scam.

Cryptolux represents an ICO wherein it requires its members to invest a certain amount of money and in return they are provided with a fixed predetermined returns. While we were trying to validate their service we could not find any certificates confirming licenses they must lawfully hold. We have confirmed through the FCA Cryptolux has never been licensed which means they are trading and investing for their clients illegally.

Cryptolux does not talk much about how the funds raised from investors will be utilized? We are only told that the funds are handled by a group of market experts. We do not know which parameters it considers before executing a trade. Cryptolux does not provide assurance about the reliability of the software. How can an investor trust this platform with their funds without knowing the win rate and draw downs of the trading system?

Cryptolux claims to earn its users returns of up to 45% per day. These type of returns are not only difficult to achieve but impossible to deliver on a consistent basis. High return claims are used to catch your attention and trick you into believing that you can become rich very quickly. Ask yourself if this firm could really produce the type of returns as advertised with little to no risk associated why would they offer it to the public for a minimal fee?

If you encounter any kind of problem on this platform there are two ways to contact the support team which is through email and telephone.

 

Cryptolux features many characteristics similar to a ponzi scheme. Like most fraudulent investments their main goal is to make as much money as possible from registration before they get shut down and run away at your expense. The affiliates are paid a percentage of deposits made by their referrals.

Cryptolux Review Conclusion-

Cryptolux is an unreliable investment platform which is operating illegally. Do not invest your money into this firm for any reason.

Summary
Reviewer: John
Review Date: 2018/06/11
Author Rating: 1/5
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